Company News

Three challenges facing European challenger banks when they go to the US

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

Hong Kong-based Neat nets $11m Series A round

FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.

Digitex CEO removes KYC from the exchange after major hack and brushes of money...

Cryptocurrency exchange Digitex will no longer do know your customer (KYC) checks on its users after personal data of more than 8,000 customers was recently stolen.

What will happen to UK FinTech after Brexit?

Britain is officially leaving the EU on January 31. The question is if the UK FinTech scene is ready.

Identity checking startup Zamna raises $5m

Zamna, the blockchain-powered identity-checking startup, has raised $5m in a seed round led by venture capital firms LocalGlobal and Oxford Capital.

GOP senators pressure banking agencies for more reg relief

A group of Republicans have pushed banking regulators to adjust several regulatory relief proposals and make them more lenient.

Australia’s Volt Bank launches through Temenos Cloud

Australian challenger Volt Bank has launched its new online banking platform powered by Temenos'?financial software offering.Volt?bank has launched on the Temenos Cloud which will...

Arkera wants to fix the way investors discover new opportunities

Large institutions have to adopt AI technology in order to scale while remaining user centric, according to Arkera co-CEO Vinit Sahni, in a research interview with FinTech Global.
fintech-news

ION Investment expands into financial services with OpenLink buy

ION Investment Group has agreed to acquire OpenLink Financial, a provider of trading and risk management solutions.

PerformLine launches complaint risk signal platform

PerformLine, a provider of automated compliance solutions for enterprises, has launched its Complaint Risk Signal Platform.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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